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BusinessEconomic Times ·
Air India's Incoming CEO Completes Final Security Clearance Step
The Tata Group's selected CEO for Air India, Campbell Wilson, has successfully completed his final security clearance. This approval was granted by the Indian government's Ministry of Civil Aviation. The clearance was the last major procedural requirement before his formal appointment to the position. This step allows Tata to proceed with finalizing Wilson's leadership of the newly acquired airline.
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BusinessEconomic Times ·
Shubman Gill's 223 leads India to chase down 406 against West Indies
Indian batsman Shubman Gill scored a dominant 223 runs in a Test match against the West Indies. His innings powered India to successfully chase a formidable target of 406 runs. The match concluded with India securing a victory. This performance highlights Gill's significant contribution to the team's success in the ongoing series.
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BusinessEconomic Times ·
Indian businesses express confidence despite upcoming RBI rate hike
Indian corporate leaders are showing minimal concern over an anticipated interest rate increase by the Reserve Bank of India. This sentiment was reported in a recent article from The Economic Times. Corporate executives indicate their companies are financially prepared for the higher borrowing costs. They believe the impact on business growth and investment will be manageable.
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BusinessEconomic Times ·
PM Modi, President Trump hold first talks since US sanctions law on Russia
Indian Prime Minister Narendra Modi and US President Donald Trump held a phone conversation on Thursday. This was their first direct discussion since the US enacted the CAATSA sanctions law targeting Russia. The two leaders discussed strengthening the India-US strategic partnership. They also agreed to enhance cooperation in the Indo-Pacific region.
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BusinessEconomic Times ·
HDFC Bank Appoints Former ICICI Executive Rakesh Singh as New Head of Wholesale Banking
HDFC Bank has appointed Rakesh Singh, a former senior executive from rival ICICI Bank, as its new Head of Wholesale Banking. Singh previously led ICICI's investment and corporate banking divisions. The appointment was announced by HDFC Bank on Thursday. He will replace Samir Bhatia, who is retiring after a long tenure. This move is seen as part of HDFC Bank's strategy to strengthen its wholesale and investment banking operations.
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